Housing Prices in 07114, NJ
How much do homes in 07114, NJ cost?
Median List Price
$407,000
$287/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Summary: The median home list price in 07114 was $407,000 in March 2024, up 42.8% from the previous year, and the median price per square foot was $287.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $195K | - | N/A |
2 Bedrooms | $267K | $349K | +30.7% |
3 Bedrooms | $260K | $350K | +34.6% |
4 Bedrooms | $352K | $395K | +12.2% |
5+ Bedrooms | - | $579.5K | N/A |
Summary: 07114 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30.7%, 3 bedroom homes increased by 34.6%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes did not change.
Housing Supply in 07114, NJ
How many homes are available in 07114, NJ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 16 | +14.3% |
Summary: The 07114 real estate market had 16 homes for sale in March 2024, a 14.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 2 | 3 | +50.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The 07114 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 14.3%.
Days on Market for 07114, NJ
How long does it take to sell a home in 07114, NJ?
Average Listing Age
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
83 Days | 109 Days | +31.1% |
Summary: Homes in 07114 had an average listing age of 109 days in Mar 2024, up by 31.1% compared to the previous year.